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February Kansas City Fed Manufacturing Index Unchanged, Still Indicates Contraction
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February Kansas City Fed Manufacturing Index Unchanged, Still Indicates Contraction
Feb 27, 2025 8:21 AM

11:14 AM EST, 02/27/2025 (MT Newswires) -- The Kansas City Fed monthly manufacturing index was unchanged in February from a reading of minus 5 in the previous two months, compared with expectations for a slight increase to minus 4 in a survey compiled by Bloomberg as of 7:30 am ET.

The index indicates contraction, which is in line with the Dallas Fed reading but in contrast with the Empire State, Philadelphia Fed, Richmond Fed and the S&P Global Flash indexes that suggested expansion.

The ISM's national manufacturing reading will be released on March 3.

Within the Kansas City data, there were index declines for production, shipments, new orders and employment, while the prices paid reading increased.

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